← LEGALZOOM.COM, INC.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Net income | $7.4m |
$9.9m
+32.96%
|
($108.7m)
-1198.06%
|
($48.7m)
+55.15%
|
$14.0m
+128.63%
|
$30.0m
+114.74%
|
$15.4m
-48.51%
|
$16.9m
+9.24%
|
|
| Depreciation and amortization | $16.4m | $20.1m | $16.7m | $21.7m | $25.4m | $34.9m | $44.1m | $48.5m | |
| Amortization of debt issuance costs | $2.6m | $2.6m | $1.4m | $227k | $227k | $227k | $210k | — | |
| Amortization of right-of-use assets | — | $0 | $0 | $2.0m | $2.7m | $2.1m | $3.3m | — | |
| Deferred income taxes | $472k | $1.3m | ($11.6m) | ($793k) | $4.7m | ($4.6m) | $6.6m | $20.2m | |
| Stock-based compensation | $5.2m | $12.9m | $112.6m | $80.5m | $66.0m | $71.5m | $113.7m | $98.2m | |
| Capitalized stock-based compensation | $98k | $46k | $674k | $2.5m | $4.1m | $6.0m | $5.3m | — | |
| Accounts receivable | ($413k) | $954k | ($1.5m) | ($2.5m) | $1.4m | $3.2m | ($11.8m) | $3.3m | |
| Accounts payable | $3.9m | $12.4m | $2.4m | ($6.6m) | $5.0m | ($817k) | ($3.7m) | $587k | |
| Purchase of property and equipment included in accounts payable and accrued expenses and other current liabilities | $1.3m | $717k | $676k | $646k | $2.6m | $2.3m | $1.5m | ($25.5m) | |
| Accrued expenses and other liabilities | ($1.6m) | $1.4m | $13.8m | $6.5m | $4.1m | ($4.2m) | $7.1m | — | |
| Deferred revenue | $5.6m | $23.2m | $17.9m | $17.1m | $3.3m | $6.6m | $19.3m | — | |
| Accrued stock repurchase excise tax | — | — | $0 | $0 | $185k | $1.2m | $0 | — | |
| Other | — | — | $0 | $0 | $38k | $0 | $0 | — | |
| Prepaid expenses and other current assets | ($128k) | ($799k) | ($5.0m) | ($523k) | $1.6m | ($2.8m) | ($252k) | — | |
| Other assets | $470k | $1.2m | ($3.6m) | $179k | $435k | $707k | $926k | — | |
| Net cash provided by operating activities | $52.7m |
$93.0m
+76.58%
|
$54.2m
-41.80%
|
$73.8m
+36.35%
|
$124.3m
+68.35%
|
$135.6m
+9.12%
|
$178.2m
+31.38%
|
$175.2m
-1.69%
|
|
| Purchase of property and equipment | ($18.3m) | ($10.6m) | ($11.7m) | ($22.1m) | ($31.6m) | ($35.7m) | ($30.3m) | ($25.5m) | |
| Proceeds from sale of available-for-sale debt securities | — | — | — | — | $0 | $0 | $1.6m | — | |
| Acquisitions, net of cash acquired | $0 | ($934k) | ($61.5m) | ($2.5m) | $0 | $0 | ($48.5m) | $0 | |
| Net cash used in investing activities | ($20.7m) | ($12.7m) | ($77.7m) | ($30.6m) | ($31.6m) | ($35.7m) | ($40.1m) | ($25.4m) | |
| Gain on sale of available-for-sale debt security | — | — | — | — | $0 | $0 | ($758k) | — | |
| Payment of debt issuance costs | $0 | $0 | ($767k) | $0 | $0 | $0 | ($841k) | — | |
| Repurchase of common stock | ($1.5m) | ($4.8m) | $0 | ($95.1m) | ($54.9m) | ($165.0m) | ($80.5m) | — | |
| Issuance of common stock for acquisition consideration | — | — | — | — | $0 | $0 | $20.0m | — | |
| Net cash used in financing activities | ($12.9m) |
($15.1m)
-17.41%
|
$123.4m
+917.54%
|
($93.3m)
-175.67%
|
($56.1m)
+39.85%
|
($183.3m)
-226.42%
|
($77.3m)
+57.85%
|
($199.5m)
-158.26%
|
|
| Net increase (decrease) in cash and cash equivalents | $18.6m | $65.3m | $99.8m | ($50.2m) | $36.6m | ($83.7m) | $61.0m | — | |
| Cash and cash equivalents, at beginning of the period | $74.2m | $139.5m | $239.3m | $189.1m | $225.7m | $142.1m | $203.1m | — | |
| Effect of exchange rate changes on cash and cash equivalents | ($495k) | $57k | ($11k) | ($87k) | $34k | ($313k) | $172k | ($47k) | |
| Additional Supplementary Disclosures | |||||||||
| Additional Supplementary Disclosures | |||||||||
| Gain on sale of assets held for sale | — | — | — | — | $0 | $0 | ($14.3m) | — | |
| Change in fair value of other equity security | $0 | $0 | ($1.8m) | $0 | $0 | $0 | ($302k) | — | |
| Change in fair value of contingent consideration | — | $0 | $0 | ($150k) | ($836k) | $0 | $0 | — | |
| Unrealized foreign exchange loss (gain) | ($2.6m) | ($1.8m) | $943k | $3.6m | ($1.4m) | $648k | $75k | — | |
| Non-cash interest expense | ($299k) | $22k | $4k | $168k | $0 | $0 | $548k | — | |
| Operating lease liabilities | — | $0 | $0 | ($2.1m) | ($2.3m) | ($1.9m) | ($2.6m) | — | |
| Income tax payable | ($985k) | $10k | ($185k) | $28k | ($4k) | ($44k) | $255k | — | |
| Proceeds from sale of assets held for sale | — | — | — | — | $0 | $0 | $37.1m | — | |
| Repayment of finance lease obligations | ($26k) | ($31k) | ($31k) | ($14k) | ($35k) | ($25k) | ($2k) | — | |
| Payment of share repurchase excise taxes and repurchase costs | — | — | — | — | ($100k) | ($169k) | ($1.3m) | — | |
| Shares surrendered for settlement of minimum statutory tax withholding | ($3.8m) | ($3.6m) | ($2.3m) | ($41k) | ($9.6m) | ($20.5m) | ($40.4m) | — | |
| Proceeds from issuance of stock under employee stock plans | $194k | $381k | $1.8m | $2.4m | $8.4m | $2.4m | $45.8m | — | |
| Cash and cash equivalents | $49.2m | $114.5m | $239.3m | $189.1m | $225.7m | $142.1m | $203.1m | $217.0m | |
| Right of use assets obtained in exchange of operating lease liabilities (excluding right-of-use assets acquired as part of business acquisition) | — | $0 | $0 | $7.5m | $63k | $803k | $5.6m | — | |
| Acquisition related deferred consideration | — | — | — | — | $0 | $0 | $12.7m | — |